£35.00+
Potential Profit
£7.00
Actual Profit

Cheltenham Festival 2019 Offer – Ladbrokes


Posted by Matt (administrator) Matt
Start Time: 12/03/2019 13:30

The Cheltenham Festival 2019 gets underway on Tuesday and Ladbrokes are getting in on the action! They’re giving all customers a £1.00 free bet to use on each day of the festival! Translated into matched betting terms, this gives us an overall risk-free potential profit of £35.00+ and here’s how…

Banner showing the Cheltenham Festival 2019 offer from Ladbrokes

Key Terms:

  • We must log in to the Ladbrokes app between 18:00 the day before and 17:30 on the day that the free bet must be used.
  • This offer is limited to 100,000 tokens.
  • Free bets will be available to use on any Cheltenham Festival race until 17:30 on each respective day.

Free Bets:

With the free bet being so small, I suspect many will be happy to just punt this for a risk-free shot at a decent return.

It’s entirely up to you what you place your free bet on. Having looked at the odds available for the Mares’ Hurdle (16:10 on Tuesday 12th March 2019), we could place our first free bet on Stormy Ireland.

Ladbrokes logo

Place £1.00 free bet on Stormy Ireland @ 10.00 = Potential profit of £9.00

Outcomes:

Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeBookieProfit/Loss
Stormy Ireland wins+£9.00£9.00 profit
Stormy Ireland doesn't win-£1.00 free bet£0.00

So, if Stormy Ireland wins, we’ll make a nice profit of £9.00 on Day 1 of this offer. Any other outcome and we’ve lost our free bet and there’s no harm done.

This offer is available on all four days of the festival, giving us an overall risk-free potential profit of £35.00+ on this Ladbrokes offer!

I’ll update the following table with some actual selections each day…

RaceSelectionOddsProfit/Loss
16:10 TuesdayStormy Ireland10.00£0.00
14:50 WednesdayBrio Conti13.00£0.00
15:30 ThursdaySupasundae7.00£0.00
14:10 FridayCh'tibello8.00+£7.00

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